Taxes Archives - Page 3 of 4

George Soros Pumped Millions into Anti-Police Groups in 2021, Tax Records Show

Radical billionaire George Soros pumped tens of millions of dollars into anti-police groups in 2021, according to newly-emerged tax records. The documents reveal that Soros' leftist non-profit Open Society Foundations network funneled at least $35 million into groups and initiatives that aim to defund or abolish America's justice system. Slay…

IRS Warns Americans: Report $600 Transactions from Payment Processors or Risk Audit

The Internal Revenue Service (IRS) is warning American taxpayers that failure to report transactions of $600 or more from payment processing services will run the risk of an audit. The IRS is cracking down on payments made through networks like Venmo, Paypal, and Cash App. The move comes as the…

Chief Justice John Roberts Blocks House Democrats from Getting Trump’s Tax Returns Temporarily

Supreme Court Justice John Roberts has stepped in and blocked the Democrat-controlled House from getting President Donald Trump’s taxes. Roberts issued a temporary stay placing the lower court ruling on hold while the full Supreme Court can decide whether to honor Trump’s request or not. On Monday, Trump filed an…

British PM Truss: Tax Cuts Benefit Everyone by Making UK Economy More Competitive

British Prime Minister Liz Truss has declared that her tax-cutting plans will make the UK economy stronger. While speaking to reporters from the Empire State Building in New York on Tuesday, Truss said the tax cuts will more the country more successful and benefit the population in general. Truss confirmed…

IRS Whistleblower: Middle-Class Americans Will Be Targeted under Democrats’ ‘Inflation Reduction Act’

A former Internal Revenue Service (IRS) official has blown the whistle to reveal that the federal agency plans to target middle-class Americans under the Democrats' "Inflation Reduction Act." Former IRS attorney William Henck worked for the agency for 20 years until 2017. He left the IRS when he was terminated…

Images Emerge of Armed IRS Agents Training to Raid Suburban Homes

Images have emerged online that show armed Internal Revenue Service (IRS) agents conducting training exercises for raiding suburban homes. The photos show agents being trained for a variety of deadly force exercises at field offices across the country. The training exercises include the use of weapons, forced building entry, defensive…

Elon Musk Mocks Democrats’ Plan to Hire Army of IRS Agents

Tesla CEO Elon Musk has mocked the plan by congressional Democrats to hire an army of Internal Revenue Service (IRS) agents. Musk was poking fun at the goal for the IRS to hire an additional 87,000 employees to more than double the size of the agency. In a post on…

Appeals Court Deals Blow to Trump, Rules House Democrats Can Get His Tax Records from IRS

A federal appeals court has ruled in favor of the request by Democrats on the House Ways and Means Committee to obtain President Donald Trump’s tax returns from the Internal Revenue Service (IRS). The Tuesday ruling was 3-0 from the DC Circuit Court of Appeals. The court wrote: “The Chairman…

Biden Admin Pulls Record Tax Haul after Boost from Corporate Profits, Meme Stocks

The Biden administration has pulled in a record tax haul so far this fiscal year, according to reports. Federal government data shows that the record haul was partly on the strength of the meme stock mania and surging corporate profits. The figures are now prompting the Treasury Department to scale…

Supreme Court Rejects Democrats’ Challenge to Trump’s 2017 Tax Cut Law

The United States Supreme Court has rejected a Democrat challenge to President Donald Trump's 2017 tax cut law. The case was an appeal from a number of Democrat-run states that sought to challenge the law signed by Trump because it capped local taxes that can be deducted from federal taxable…